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Episode details

World Service,10 Aug 2011,18 mins

US credit rating

Business Daily

Available for over a year

America's credit rating America's credit rating is not out of danger, even though Congress has passed a deal which averted the threat of a default. Lesley Curwen talks to Moritz Kraemer, Head of the Sovereign Ratings Group for Europe at Standard and Poor's. He says there is a 'fifty fifty or more' chance that his credit ratings agency could downgrade US Treasury debt from its top-notch AAA rating. Sri Lanka's economy Plus, the BBC's Charles Haviland reports from northern Sri Lanka on how its battered economy is recovering after years of war. Using bloggers to boost business And technology commentator Jeremy Wagstaff is scathing about companies which boost their online presence by paying bloggers to publish links to their websites.

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